| More Articles | Free Reports | Premium Services Sunday Reads | Editor’s Note: Today’s Sunday reading is a little different… but no less important. Every AI company that has reached a $1 trillion market cap has showered its investors with wealth-building opportunities. Our Freeport Society friend and Global Macro specialist Eric Fry believes he has found the next one. It’s a company that’s using a new application of AI and he believes it will revolutionize a $13.1 trillion industry. He’ll share more details on all that during a special strategy session scheduled for Tuesday, May 21 at 7 p.m. Eastern . You can reserve your spot for that strategy session by going here.
That slice of the AI Revolution is finding a foothold in a region many of this country’s elites wrote off decades ago. So, I invited Eric to tell us why he thinks that region is due for an AI renaissance – and to tell us more about his strategy session – in today’s issue. Take it away, Eric…
- Charles | | | Hello, Fellow Navigator.
Ever since the early days of the 1849 gold rush, California has spearheaded the American Dream. Out in the West, if you could imagine it, you could create it. And potentially reap a fortune.
However, the California Dream lost its mojo somewhere along the way… or at least part of it. A new generation of dreamers and entrepreneurs are pursuing their dreams in the middle of the country.
In the so-called “Rust Belt” states of the Upper Midwest, vibrant new high-tech industries are emerging from the crumbling foundations of ancient ones.
GDP growth in these states has been eroding away for decades, relative to the U.S. GDP. The chart below shows that dismal trend.  However, a surprising reversal of fortunes may be underway.
New high-tech industries, including AI, are sprouting from the old warehouses of the Upper Midwest. As a result economic growth could reverse course and embark on a powerful, multiyear upswing.
So, let’s take a look at how the newest face of America is emerging from the “ghosts of industries past.”
And at what investment opportunities it provides… | SPONSORED  Had you invested $10,000 in Nvidia when it first started using AI, you could have walked away with more than $1.5 million.
If you missed out on those massive gains, pay close attention…
Because former hedge fund manager Eric Fry found a company that’s focusing on a NEW AI application…
That could create more millionaires and billionaires than any other breakthrough in history.
Click here to see the details and save your seat for this free strategy session. | Shaking the Rust Off Partly, the Rust Belt’s revitalization through high-tech industries is taking place organically, due to basic economic considerations like the cost of land, labor, and transportation.
However, government policy is also contributing to the transformation of the area. Two years ago, for example, Intel (INTC) announced it would be making the single largest private-sector investment in Ohio history.
The semiconductor company is spending $28 billion to build state-of-the-art foundries on a 1,000-acre site in Licking County, in the suburbs east of Columbus.
The company hopes its massive investment in Ohio will help create what it calls a “Silicon Heartland” that will establish a new regional economic cluster for U.S. chipmaking and become an epicenter of leading-edge technology. A Trend Worth Watching Like Intel, a growing number of technology and companies are putting down roots in the Upper Midwest.
This new boom is already underway. Economic growth in Michigan and Illinois has outpaced overall U.S. growth during the last two years.
This insight points to a trend that bears watching…
If the Rust Belt revival continues to gain traction, it could provide a healthy tailwind to the U.S. companies operating in the region… including those in the emerging AI industry in the Midwest.
Now, as investors, capitalizing on this trend is not particularly easy… or obvious.
However, I’ve identified one sector that sits at the nexus of AI and the Rust Belt Renaissance… and the one company within that sector that I believe will be the next trillion-dollar AI company.
We’ll go over all the details on that sector during my special strategy session, The Next $1 Trillion AI Stock, scheduled for Tuesday, May 21, at 7 p.m. Eastern time. And we’ll explore how we can make 40 years of Nvidia-type gains on that stock in just months.
At this event, I’ll also share more details about which types of companies I believe will lead the next phase of this AI boom, as well as the name of an AI stock that I believe could double your money during this next phase.
To sign up for my The Next $1 Trillion AI Stock special event, click here.
Regards,
Eric Fry |
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